Wedbush Has Negative Forecast for TSM Q3 Earnings

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Wedbush decreased their Q3 2025 earnings estimates for Taiwan Semiconductor Manufacturing in a report issued on Thursday, July 17th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings per share of $2.52 for the quarter, down from their prior forecast of $2.59. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $9.20 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing’s Q4 2025 earnings at $2.41 EPS, Q4 2025 earnings at $2.41 EPS, FY2025 earnings at $9.90 EPS, FY2025 earnings at $9.90 EPS, Q1 2026 earnings at $2.16 EPS, Q1 2026 earnings at $2.16 EPS, Q2 2026 earnings at $2.59 EPS, Q2 2026 earnings at $2.59 EPS, Q3 2026 earnings at $2.86 EPS, Q3 2026 earnings at $2.86 EPS, Q4 2026 earnings at $2.95 EPS, Q4 2026 earnings at $2.95 EPS, FY2026 earnings at $10.56 EPS and FY2026 earnings at $10.56 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 34.53%. The company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same period last year, the firm earned $1.48 earnings per share. The firm’s revenue was up 44.4% on a year-over-year basis.

Other equities analysts also recently issued reports about the stock. Barclays reissued an “overweight” rating and issued a $240.00 price target (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Needham & Company LLC reissued a “buy” rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Finally, Susquehanna set a $265.00 price target on shares of Taiwan Semiconductor Manufacturing and gave the stock a “positive” rating in a report on Monday, July 14th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Down 2.1%

TSM opened at $240.40 on Friday. The company’s 50-day moving average is $212.72 and its 200 day moving average is $193.73. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.39 and a quick ratio of 2.18. The firm has a market capitalization of $1.25 trillion, a P/E ratio of 27.41, a PEG ratio of 1.32 and a beta of 1.29. Taiwan Semiconductor Manufacturing has a fifty-two week low of $133.57 and a fifty-two week high of $248.28.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several institutional investors have recently added to or reduced their stakes in TSM. Brighton Jones LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after purchasing an additional 1,892 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 29.8% during the fourth quarter. Proficio Capital Partners LLC now owns 1,868 shares of the semiconductor company’s stock valued at $369,000 after purchasing an additional 429 shares during the last quarter. Madison Investment Advisors LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $4,194,000. Axxcess Wealth Management LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 10.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 9,916 shares of the semiconductor company’s stock valued at $1,958,000 after purchasing an additional 941 shares during the last quarter. Finally, Boston Partners purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $12,949,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Tuesday, September 16th will be issued a dividend of $0.6499 per share. This represents a $2.60 annualized dividend and a yield of 1.08%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 31.75%.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.